PPP Loan information for Velocitor solutions llc

$1,149,700

Velocitor solutions llc was initially approved for PPP Loan of amount $1,149,700, the current approved amount is $1,149,700. The loan was approved on 04/09/2020 by The First Bank reported 108 jobs and $1,149,700 was used to fund payroll.

Velocitor solutions llc is Existing or more than 2 years old

PPP Loan Search / NC / CHARLOTTE / Velocitor solutions llc

VELOCITOR SOLUTIONS LLC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VELOCITOR SOLUTIONS LLC

Borrower Address

851 BLAIRHILL RD

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28217-1516

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1149700.00

Current Approval Amount

1149700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28217-1516

CD

NC-14

Jobs Reported

108

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

57485.00

Payroll Proceed

862275.00

Mortgage Interest Proceed

0.00

Rent Proceed

229940.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1159181.09

Forgiveness Date

02/09/2021

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